American tech giant Meta is reportedly planning to return to the stablecoin space in the second half of the year.
The company reportedly intends to collaborate with a third-party company to provide payment integration using dollar-pegged token technology.
Meta, led by Mark Zuckerberg and owner of platforms like Facebook, WhatsApp and Instagram, is reportedly looking to integrate stablecoin-backed payments into its vast ecosystem of more than 3 billion users. According to a source familiar with the matter, the company plans to launch stablecoin integration early in the second half of the year. This will involve working with a provider to manage stablecoin-based payments and deploying new digital wallet infrastructure.
According to another source, Meta has submitted a request for proposal (RFP) to third-party companies. Stripe is mentioned as one of the strongest candidates in this process. Stripe, which acquired stablecoin specialist Bridge last year, is a long-standing partner of Meta. Additionally, Patrick Collison, CEO of Stripe, joined Meta’s board of directors in April 2025.
Meta’s implementation of its own stablecoin integration could allow it to bypass traditional banking fees and offer direct payment infrastructure to billions of users. The move could strongly position the company in the global social commerce and cross-border money transfer sectors. At the same time, this step represents direct competition from competitors like Elon Musk’s X and Telegram, which aim to integrate payment systems into their platforms. This vision was also among the main goals of Meta’s Libra project, announced in 2019.
Meta announced its Libra stablecoin project in 2019, but faced significant political and regulatory pressure due to the regulatory environment at the time and the reputational damage caused by the Cambridge Analytica scandal. The project was later renamed Diem and reduced in scope. While initially aiming for a global digital currency backed by a basket of national currencies, in 2020 it moved to a model of several stablecoins linked to different currencies.
However, the project was never officially implemented. In early 2022, Diem was completely shut down and its assets were sold.
*This does not constitute investment advice.
